DAY 43 | MONTHLY REVIEW
+9% | ๐ข
Posted Every Single Trade Before $ENTRY
Wins - 18
Loss - 13
WR - 58%
If You Wanna Checkout the $Trades ๐, Check $Highlights
Feb was Good Month to me
W1 - 0% ๐ข
W2 - 4.9% ๐ข
W3 - 5.9% ๐ข
W4 - -1.8% ๐ด
You Don't Have to Make Money Everyday, Every week, Just try to Obey a DATA BACKED PROCESS.
Month over Month and you'll be so far ahead of anyone.
Process > Outcome.
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Its solid
But the Gap is not in knowledge or information for most part
Its about execution
There are retails specific ways too
That even big money want to capitalize on but they can't coz Money so big Orders won't fill
I Believe alot of people already know
They have shit system
or shit execution
or shit patience
They just aren't ready to switch
@TraderMoazzam Placing the SL where the trade idea itself is invalidated
And then letting the trade either validate the idea with TP
or invalidate with SL
That's true way
This is Genuinely Relatable
When your execution is spot on and then you make small error that costed you big
It feels really bad, not due to loss
But knowing that you can easily avoid that
I Did this once and blew my 25k P1, Since that day i have made a rule
While executing even a market order
i'll place order Directly with SL & TP
We make mistakes, We put systems in place to not repeat them
High WinRate, Allows you to make mistakes
If you Make same mistake of Missing a Trade with even 2R, Suddenly your 2 Losses are piled
But if you miss a Trade with 0.5R, Boom Half of loss piled.
You have more room to fuckup, and still be least affected, coz there is another W around the corned
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Profit factor is all that matters.
RR and win rate is irrelevant.
A 2R trade only has a 33% chance of winning where a 0.5R trade has a 66% chance of winning.
Very few traders understand this.
@MrZincx Still its easier to replicate Low RR
Even if you miss a TP, That's not an issue
But if you miss 1 TP with even 2R which is good RR not High
The Edge Rots MORE.
With High Winrate, You have more room to fuckup
$GBPCHF ๐ฌ๐ง/๐จ๐ญ
Long Trade Idea | ๐ข
Even tho Daily TF is Looking Solid W/ So much LQ resting above
Issue is LTF, with that sort of Consolidation
- Deep LQ Sweep
- Deep Pullback + Reclaim of High
Woulda been best case to me
But Price is just doing its thing
Waiting for Extra Confirmation, Still not happy with Putting size on it
Process > Outcome
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